Barry Silbert is the Founder and CEO of SecondMarket, the world's largest marketplace for buying and selling alternative financial assets, including private company stock. Founded in 2004, SecondMarket has conducted billions of dollars in transactions across all of its asset classes. Since 2009, more than $500 million in private company stock traded over SecondMarket in numerous venture-backed companies, including Facebook, Zynga, Twitter and LinkedIn. SecondMarket's customized liquidity programs provide private companies with an effective way to organize and control secondary activity in their shares.

SecondMarket was recently honored by the World Economic Forum as a 2011 Technology Pioneer. In 2009, Silbert was a category winner of Ernst & Young's Entrepreneur of the Year Award, a winner of Crain?s Entrepreneur of the Year Award and was included on Treasury & Risk?s list of the 100 Most Influential People in Finance. Silbert was also recognized by Fort...

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Description

Barry Silbert sees investment banks as being "conflicted" in the growing space of secondary markets. In this clip, the CEO and founder of SecondMarket identifies the different investment groups (and their differing desires), and explains why none of these groups has yet to establish a definitive place in the space.